Mitchell Snaith

ML Bits #1: Cook's Amazon Reseller Problem

A simple numerical integration approach

A friend of mine recently showed me John Cook's A Bayesian view of Amazon Resellers as a cute example of Bayesian analysis on a problem where we have very different proportions of data between parameters. I really like this mini-problem, and so wanted to share a solution that softens the most painful step.


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March 16, 2018